-
- Blog, Hire purchase
- (0)
Is Hire Purchase Car Business Profitable in Nigeria?
Are you still contemplating if hire purchase is a profitable investment in Nigeria? Then think again because the transportation sector in Nigeria is one of the fastest-growing sectors due to the constant movement of people, goods, and services across cities…
-
- Hire purchase
- (0)
How to invest in hire purchase
Hire purchase is financial instrument here a buyer acquires an item of relatively high amount (car, machineries etc) by paying in instalment while differing full ownership until final payment. In Nigeria where access to credit facilities is low with higher…
-
- Hire purchase
- (0)
What is the ROI on car hire purchase?
Return on Investment (ROI) is a measure used to evaluate the profitability of an investment relative to it cost. It can also be referred to as the ratio between net income and investment. A high ROI means the investment’s gains…